IVV vs VGT

Quick Verdict

IVV has a lower expense ratio. VGT delivered stronger 1-year returns. IVV offers more diversification with 505 holdings.

Lower Fees: IVVHigher Returns: VGTMore Diversified: IVV

Side-by-Side Comparison

MetricIVVVGTWinner
Expense Ratio0.03%0.09%
AUM$865.2B$146.6B
Dividend Yield1.09%0.38%
Holdings508324
YTD Return+13.80%+28.81%
1Y Return+23.70%+40.78%
3Y Return (annualized)+21.49%+31.78%
5Y Return (annualized)+13.43%+19.33%
Volatility (annualized)15.1%19.6%
Max Drawdown-56.5%-54.8%
Fund FamilyiShares by BlackRock (US)Vanguard (US)
CategoryEquityEquity
InceptionMay 15, 2000Jan 26, 2004

IVV vs VGT Performance

iShares Core S&P 500 ETF (IVV) is a ETF from iShares by BlackRock (US) and Vanguard Information Technology ETF (VGT) is a ETF from Vanguard (US). Over the past year IVV returned +23.70% while VGT returned +40.78%. Year to date, IVV is up 13.80% versus a gain of 28.81% for VGT.

Over three years, IVV compounded at +21.49% per year against +31.78% for VGT; over five years the annualized figures are +13.43% and +19.33% respectively. Across the full 23-year window we track, VGT has the edge at +14.36% annualized vs +7.05%. Past performance does not guarantee future results.

Risk: Volatility and Drawdowns

VGT has been the more volatile fund, with annualized monthly volatility of 19.6% compared with 15.1% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.

The deepest peak-to-trough decline in our data was -56.5% for IVV and -54.8% for VGT. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

The two funds' monthly returns correlate at 0.90. They move almost in lockstep, so holding both mostly duplicates the same exposure.

Fees and Cost Over Time

IVV charges 0.03% per year while VGT charges 0.09%. On a $10,000 position that is $3 vs $9 annually, a gap of $6 per year that compounds over a long holding period. On income, IVV currently yields 1.09% against 0.38% for VGT.

Holdings Overlap

36.7%overlap

IVV and VGT share 73 holdings out of 754 unique holdings combined, representing a 36.7% weight overlap.

Moderate overlap means holding both could provide meaningful diversification benefits.

Top Shared Holdings

StockWeight in IVVWeight in VGTDifference
NVDA7.76%16.09%8.33%
AAPL7.44%14.32%6.88%
MSFT4.57%8.28%3.71%
MUProProPro
AVGOProProPro
AMDProProPro
INTCProProPro
AMATProProPro
CSCOProProPro
KLACProProPro
See all 10 holdings IVV shares with VGT
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, IVV or VGT?

IVV has an expense ratio of 0.03% while VGT charges 0.09%. IVV is the cheaper option. On a $10,000 investment, that is $6 per year of difference.

Which performed better, IVV or VGT?

Over the past year IVV returned +23.70% vs +40.78% for VGT, so VGT leads on 1-year performance. Over the longest common window we track (23 years), IVV annualized +7.05% vs +14.36% for VGT. Past performance does not guarantee future results.

Which is riskier, IVV or VGT?

VGT has been the more volatile fund at 19.6% annualized versus 15.1% for IVV. Worst drawdown: IVV -56.5% vs VGT -54.8%.

Should I hold both IVV and VGT?

IVV and VGT have a monthly-return correlation of 0.90, so they move almost identically. Holding both adds little diversification - most investors pick one, usually on fees or the specific index tracked.

What is the holdings overlap between IVV and VGT?

IVV and VGT share 73 common holdings with a 36.7% weight overlap. Combined, they hold 754 unique securities.

Which pays a higher dividend, IVV or VGT?

IVV yields 1.09% while VGT yields 0.38%, so IVV currently pays the higher dividend yield.

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